Why is Forge Auto falling/rising?

Oct 13 2025 11:54 PM IST
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As of 13-Oct, Forge Auto International Ltd's stock price is at 143.50, down 4.17%, with significant declines in delivery volume and underperformance compared to its sector and the broader market. Despite a strong year-to-date return, recent trends indicate troubling short-term performance and limited investor participation.
As of 13-Oct, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 143.50, which reflects a decrease of 6.25 or 4.17%. The stock has underperformed its sector by 4.27% today, and its delivery volume has significantly dropped by 68.75% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 3.04%, and it has seen a more substantial decline of 15.64% over the past month. Despite a strong year-to-date return of 86.48%, the recent performance suggests a troubling trend, particularly as it is currently lower than the 5-day and 20-day moving averages.

In the broader market context, the Sensex has shown a positive return of 0.60% over the past week and 0.45% over the past month, contrasting sharply with Forge Auto's negative returns during the same periods. This underperformance relative to the benchmark indicates that the stock is not only struggling in the short term but also failing to capitalize on the overall market gains. The lack of available positive or negative factors further complicates the assessment of the stock's recent movement, leaving investors with limited insights into the underlying causes of the decline.
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